take all of them at right prices

I can recommend to buy DTB @ 110, NIC @ 45-46, KCB @ 19 & CFC @ 88.
I am expecting DTS @150, NIC @57, KCB @24 & CFC @120 by April 2012.
EQUITY, CO OP, STANDARD CHARTERED & BARCLAYS are overvalued share

msimon, interested to know what discount you say NIC is trading on percentage wise or what you think is its intrinsic value. Share other counters on the NSE you think are trading below their intrinsic values and you can compare your notes with other Wazuans. Welcome to Wazua.

We have seen three major shocks during 2008 & 2009
1 The globle economic crisis
2 Prolonged drought
3 PEV
We have very good year 2010. but you cannot say coming years will be same of 2010. i will not suggest to buy any share of Financial sector with above 12 PE ratio. Safaricom shares are going down because of ZAIN price war. If they will go on Zap agressively & joint with other bank for mpesa then Equity will definetely come down.

[youcan'tstopusnow], i estimate NIC's intrinsic to be btn 60-55/- based on last years earnings.If i double their half year results and add a worst case senario, this equates to 65-60/-. I would be interested at present levels although if the stock falls low, i'll be dancing to the broker. the discount to value here is at worst 23% assuming you buy at 45. My target entry point is 41 and below. Kenya Re too is selling at abig discount to value, we estimate is at btn 20-17, to be abit conservative, i would put it at 17. For some time it has been trading below book. Co-op bank has an Intrinsic value of about 23-19 at 17. there's some margin close to 10% from intrinsic. Those are financials that are attractive and selling for less than intrinsic. For industrials and commercial, we use free cashflow to value them, most haven't been producing positive free cash and the ones that have are overvalued, (selling for more than 10x free cash per share.)